A fragile ceasefire

Reuters Morning Bid · Apr 9, 2026 · 7m

Markets cheered a ceasefire between Iran and the U.S. Less than 48 hours later, doubts are creeping back in — with oil flows still limited, the Fed reassessing inflation risks, and airlines warning of higher costs for consumers.

Today’s recommended read: Refined fuel prices retreat in Asia, but still show supply stress, by Clyde Russell

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